EURUSD | Page 28113 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #562,241
  • Nov 15, 2011 2:04pm Nov 15, 2011 2:04pm
good penetrating run down the wing by walcott but he's never been able to put a decent cross in to save his life...
  • #562,242
  • Nov 15, 2011 2:21pm Nov 15, 2011 2:21pm
Did somebody notice that there is an almost perfect head and shoulders pattern in the 1 hour resolution? Do the price will continue its way to down, or up?
Bear the bull's consequence...
  • #562,243
  • Nov 15, 2011 2:21pm Nov 15, 2011 2:21pm
get in, england looking solid..
  • #562,244
  • Nov 15, 2011 2:37pm Nov 15, 2011 2:37pm
Quoting Bice
Did somebody notice that there is an almost perfect head and shoulders pattern in the 1 hour resolution? Do the price will continue its way to down, or up?
Looks absolutely textbook
  • #562,245
  • Nov 15, 2011 2:41pm Nov 15, 2011 2:41pm
Quoting Jackthepiper
We maybe looking at a double bottom around 3500, its a good round number. when long with half at 3502 then another buy after i confirmed the bounce averaged at 3518 sl @ first entry. bullish divergence on the 1hr and 4hr... Upside looks limited but well see what happens
Im seeing the the opposite happen on the usd/chf pair went short at 9147 sl 9202...

Dont like being exposed to both trades put the e/u trade at BE... I might be able to get in at a better price if I get stopped
  • #562,246
  • Nov 15, 2011 2:44pm Nov 15, 2011 2:44pm
Quoting Pipsforall
Maybe Goldman is buying here, I think their call last week to buy the Euro with a price target of 1.40 by the end of the year is about to get stopped out. lol Of course, I tend to believe that Goldman was probably shorting the Euro when they put out that call.

Quoting cloggie
UBS called for 1.32 the same day.
And Morgan Stanley says 1.30

BTW - Don't Goldman Sachs have a man on the inside in the ECB?
  • #562,247
  • Edited 3:01pm Nov 15, 2011 2:49pm | Edited 3:01pm
Quoting Kiyani
And Morgan Stanley says 1.30

BTW - Don't Goldman Sachs have a man on the inside in the ECB?
Neither have a clue. Let us know when Goldman has a man on the inside of the Bank of England.
entry - 1.29250 s/l 200 pips
  • #562,248
  • Nov 15, 2011 2:59pm Nov 15, 2011 2:59pm
Sold at 1.3550 at the 61% on the 5 min and this little trade is working out pretty good.
  • #562,249
  • Nov 15, 2011 3:02pm Nov 15, 2011 3:02pm
if EUR/ USD 4H chart closed below 1.3522 then EUR/USD will be bearish . I think. if not, we need another candlestick chart to confirm again.
  • #562,250
  • Nov 15, 2011 3:08pm Nov 15, 2011 3:08pm
Quoting FXMastermind
Well thatīs not the best one, I just received a message from one boy who holds short position from Thursday last week from, wait for it!!!, .3480 - and he asks if I recommend him to stay in that position.

I mean - it certainly requires some kind of perverted precision to hit the very bottom and go short there, I just thought to employ that boy to give me signals - whenever he goes short, I do the exact opposite...The best trading system to pick tops and bottoms I reckon...
A boy eh? Are you in your 60's or something?

I was picking your brains, by the looks of things, many people on here are piptakers and scrapers... For your info I'm holding shorts from 1.3485 and 1.3755 with a TP of 1.33 and 1.31, expecting a generous 5 figure return before year end.

But I double dare you granpops to go the opposite direction for the same duration!
  • #562,251
  • Nov 15, 2011 3:16pm Nov 15, 2011 3:16pm
Quoting RamsesII
hey, what software is that?
hey,its elwave program
  • #562,252
  • Nov 15, 2011 3:18pm Nov 15, 2011 3:18pm
Quoting Kiyani
A boy eh? Are you in your 60's or something?

I was picking your brains, by the looks of things, many people on here are piptakers and scrapers... For your info I'm holding shorts from 1.3485 and 1.3755 with a TP of 1.33 and 1.31, expecting a generous 5 figure return before year end.

But I double dare you granpops to go the opposite direction for the same duration!
why all the animosity brother? most on here are active, short-term traders not mid-term investors...

but each to their own, more than one way to skin a cat...
  • #562,253
  • Nov 15, 2011 3:25pm Nov 15, 2011 3:25pm
Quoting Jackthepiper
Im seeing the the opposite happen on the usd/chf pair went short at 9147 sl 9202...

Dont like being exposed to both trades put the e/u trade at BE... I might be able to get in at a better price if I get stopped
Hello JTR,

I see the daily chart that EUR/USD is bearish and USD/CHF is bullish, EUR/CHF is also bullish.. That means even at the short run for a correction that EUR/USD move up may not correlated with a significant drop for USD/CHF, however, if EUR/USD continues to drop, USD/CHF will up more aggressively..

just my 2 cents

good luck
  • #562,254
  • Nov 15, 2011 3:27pm Nov 15, 2011 3:27pm
...something special for you guys. Closed the books with 124 pips today so I am in a good mood.

Hereīs my analysis chart, cleaned up and everything...I call it "The trades your granma would choose". I picked three utterly obvious trading opportunities today and let you try to figure out why they are so obvious - check for important SR levels (two of them were spelled here million times today), fibs, pivs, divergences etc.

You might even see one position still opened with 15 pips profit...Now itīs not that hard, is it?

If you canīt figure it out, well...perhaps you should let your granma pick your trades then

Have fun!
Attached Image (click to enlarge)
Click to Enlarge Name: Post4.jpg Size: 124 KB
Quant Hedge Fund CEO
  • #562,255
  • Nov 15, 2011 3:38pm Nov 15, 2011 3:38pm
Quoting FibbinArchie
why all the animosity brother? most on here are active, short-term traders not mid-term investors...

but each to their own, more than one way to skin a cat...
I'm new to the forum, noticed how most people here are either day traders, scalpers and some wannabees.

No animosity from me, just don't like sarcasm sometimes. I wouldn't attempt to skin a cat but it's true there are several ways to skin a bull... like you suggest... each to their own.

Anyway, my thoughts...

1.31 by month end.
1.29 by year end.
1.20 towards Q3 and Q4 2012.

So bring on the bears!
  • #562,256
  • Nov 15, 2011 3:43pm Nov 15, 2011 3:43pm
Quoting Kiyani
I'm new to the forum, noticed how most people here are either day traders, scalpers and some wannabees.

No animosity from me, just don't like sarcasm sometimes. I wouldn't attempt to skin a cat but it's true there are several ways to skin a bull... like you suggest... each to their own.

Anyway, my thoughts...

1.31 by month end.
1.29 by year end.
1.20 towards Q3 and Q4 2012.

So bring on the bears!
entirely plausible and not a million miles away from a long range analysis that i posted myself back near the start of the year...

however always good to keep in mind that these markets are very fickle, all it would take to negate long-term bearish bias would be a satisfactory road map to deal with the ez debt crisis and/or federal reserve to re-instigate their quantitative easing program...

good luck with the trade in any case...
  • #562,257
  • Nov 15, 2011 3:48pm Nov 15, 2011 3:48pm
blimey, has it really been 43 years since we last beat sweden???

bring on euro 2012...
  • #562,258
  • Nov 15, 2011 3:55pm Nov 15, 2011 3:55pm
Quoting Kiyani
I'm new to the forum, noticed how most people here are either day traders, scalpers and some wannabees.

No animosity from me, just don't like sarcasm sometimes. I wouldn't attempt to skin a cat but it's true there are several ways to skin a bull... like you suggest... each to their own.

Anyway, my thoughts...

1.31 by month end.
1.29 by year end.
1.20 towards Q3 and Q4 2012.

So bring on the bears!
I think I like you bro, Fib is correct, many traders look same charts, but see different opportunities, I posted all through October that November would be big sell off, I been defending November Open like crazy, so many trader been try longs here, I been keep my mouth shut, but we have similar picture
No need bring on the bears, they already been busy

Is desicion time for now, if can get through these strong supports, is falling swords, waiting to see how big bounce will be

Trade safe Kiwi
Attached Image (click to enlarge)
Click to Enlarge Name: EU 4hr 15 11 2011.png Size: 40 KB
If you are new to Forex? Say Goodbye to your account!!
  • #562,259
  • Nov 15, 2011 3:56pm Nov 15, 2011 3:56pm
u/j back at last night's pre-spike level... boj rates later...

freeze is expected, but if they decide to surprise the market then it is likely to impact other major pairs...
  • #562,260
  • Nov 15, 2011 3:57pm Nov 15, 2011 3:57pm
Quoting Kiyani
I'm new to the forum, noticed how most people here are either day traders, scalpers and some wannabees.

No animosity from me, just don't like sarcasm sometimes. I wouldn't attempt to skin a cat but it's true there are several ways to skin a bull... like you suggest... each to their own.

Anyway, my thoughts...

1.31 by month end.
1.29 by year end.
1.20 towards Q3 and Q4 2012.

So bring on the bears!
With all respect (hey i told you your short trade might have a chance!),
I think it is hard enough to predict what EU will be in 24 hours from now.
Why worry about the value in a few weeks, let alone a few months from now.
Just google what it will be end of year and you will find anything between 1.29 and 1.39.
So the big traders don't know. Why would you even try?
One simple comment in the EZ can cause a 300 pip move in either direction.

I'm happy enough if I have an idea about the next 24 hours / few days which makes more sense imo.
New voice message: Why are you calling me? If I need you, I'll call you!
262 traders viewing now